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Listed by Leslie Depweg • Bidwell Realty
$ 850,000
Est. payment | /mo
4,007 SqFt
$ 850,000
Est. payment | /mo
4,007 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,007 sqft
Price per Sqft $212
MLS Listing ID CRSN25028270
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1959
Lot Size 0.410 Acres
Property Sub-Type OTHER
Property Description
Prime Real Estate development property on .41 acre lot with alley access. Centrally located in Chico, located on Oleander Ave between 9th and 10th Avenue with close proximity to Enloe Hospital, Chico State University, Public Transportation and Downtown Chico. The property is zoned Community Commercial which allows between 6-20 units per acre of Multifamily housing, Live-Work Housing or Transitional/Supportive Housing and many other possibilities. Potential Development could include building a new 5 plex apartment building next to the existing 4007 sq. ft. building building which is comprised of 3 units. The front unit is a commercial space of 1220 sq. ft. The middle studio unit is 819 sq. ft. The 3rd unit is a 1 bedroom 2 bath unit with loft and has 1960 sq. ft. The property was renovated in 2018 with custom details and craftsmanship in all units. Originally the property was the San Francisco Florist Company and then was used as an antique center for years. The property is connected to City Sewer and has 4 PGE meters and 2 Ca water meters. This property is near other redevelopment properties on the market you may want to incorporate into your development plans and help solve the housing shortage in Chico!
Location
State CA
County Butte
Interior
Heating Central
Cooling Central Air, Zoned
Fireplace No
Laundry Other
Exterior
View Other
Building
Lot Description Other
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227